Share this article

Michael Saylor's Strategy purchases another $2.13 billion in bitcoin

The company now holds 709,715 bitcoin, acquired for nearly $54 billion.

Updated Jan 21, 2026, 4:28 p.m. Published Jan 20, 2026, 1:27 p.m.
Michael Saylor (Gage Skidmore / CC BY-SA 2.0 / Modified by CoinDesk)

What to know:

  • Strategy purchased 22,305 bitcoin for $2.13 billion last week.
  • The acquisitions were funded through sales of common stock and its perpetual preferred equity Stretch (STRC).
  • Shares were down 5% in early trading as bitcoin plunged below $91,000.

Strategy (MSTR), the world’s largest publicly traded holder of bitcoin, continued with its string of large weekly purchases, adding $2.13 billion worth of BTC.

Led by executive chairman Michael Saylor, the company added 22,305 bitcoin at an average price of $95,284 per coin, bringing holdings to 709,715 coins acquired for $53.92 billion, or an average of $75,979 per coin.

The latest addition to the company’s bitcoin stash was funded through the sale of $1.8 billion in common stock and $294.3 million of its perpetual preferred equity Stretch (STRC).

MSTR shares are down 5% in pre-market trading as bitcoin has tumbled back below $91,000, versus prices above $94,000 late last week.

More For You

KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market

16:9 Image

KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.

What to know:

  • KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
  • This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
  • Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
  • Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
  • Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.

More For You

Here are the winners and losers (so far) in bitcoin mining from Nvidia's $2B CoreWeave investment

Racks of mining machines.

Nvidia’s deepened partnership with CoreWeave raises pressure on bitcoin miners pivoting to AI infrastructure.

What to know:

  • Shares of most bitcoin miners who have shifted business plans to AI infrastructure fell after Nvidia announced a fresh $2 billion investment in CoreWeave.
  • One analyst says Nvidia’s deepening partnership with CoreWeave could divert GPU access and funding away from independent miners trying to pivot into AI and high-performance computing.
  • Core Scientific, which CoreWeave attempted, but failed, to acquire in 2025, is the only miner posting gains on Monday.